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Side-by-side financial comparison of Alpha Cognition Inc. (ACOG) and DDC Enterprise Ltd (DDC). Click either name above to swap in a different company.

DDC Enterprise Ltd is the larger business by last-quarter revenue ($5.4M vs $2.8M, roughly 1.9× Alpha Cognition Inc.). DDC Enterprise Ltd runs the higher net margin — -123.3% vs -245.5%, a 122.1% gap on every dollar of revenue. Alpha Cognition Inc. produced more free cash flow last quarter ($-7.1M vs $-39.7M).

ACOG vs DDC — Head-to-Head

Bigger by revenue
DDC
DDC
1.9× larger
DDC
$5.4M
$2.8M
ACOG
Higher net margin
DDC
DDC
122.1% more per $
DDC
-123.3%
-245.5%
ACOG
More free cash flow
ACOG
ACOG
$32.6M more FCF
ACOG
$-7.1M
$-39.7M
DDC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ACOG
ACOG
DDC
DDC
Revenue
$2.8M
$5.4M
Net Profit
$-6.9M
$-6.7M
Gross Margin
31.4%
Operating Margin
-283.7%
-90.0%
Net Margin
-245.5%
-123.3%
Revenue YoY
Net Profit YoY
EPS (diluted)
$-0.10

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ACOG
ACOG
DDC
DDC
Q4 25
$2.8M
$5.4M
Q3 25
$2.8M
Q2 25
$1.7M
$2.2M
Q1 25
$2.9M
Net Profit
ACOG
ACOG
DDC
DDC
Q4 25
$-6.9M
$-6.7M
Q3 25
$-1.3M
Q2 25
$-10.5M
$715.3K
Q1 25
$-2.0M
Gross Margin
ACOG
ACOG
DDC
DDC
Q4 25
31.4%
Q3 25
Q2 25
96.7%
33.4%
Q1 25
99.6%
Operating Margin
ACOG
ACOG
DDC
DDC
Q4 25
-283.7%
-90.0%
Q3 25
-187.0%
Q2 25
-346.1%
12.9%
Q1 25
-125.9%
Net Margin
ACOG
ACOG
DDC
DDC
Q4 25
-245.5%
-123.3%
Q3 25
-46.4%
Q2 25
-632.7%
33.2%
Q1 25
-68.5%
EPS (diluted)
ACOG
ACOG
DDC
DDC
Q4 25
$-0.10
Q3 25
$-0.30
Q2 25
$-0.65
Q1 25
$-0.13

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ACOG
ACOG
DDC
DDC
Cash + ST InvestmentsLiquidity on hand
$66.0M
$21.7M
Total DebtLower is stronger
$610.8K
Stockholders' EquityBook value
$62.5M
$71.2M
Total Assets
$79.7M
$199.6M
Debt / EquityLower = less leverage
0.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ACOG
ACOG
DDC
DDC
Q4 25
$66.0M
$21.7M
Q3 25
$35.4M
Q2 25
$39.4M
$3.5M
Q1 25
$45.5M
Total Debt
ACOG
ACOG
DDC
DDC
Q4 25
$610.8K
Q3 25
Q2 25
Q1 25
Stockholders' Equity
ACOG
ACOG
DDC
DDC
Q4 25
$62.5M
$71.2M
Q3 25
$33.9M
Q2 25
$31.9M
$3.9M
Q1 25
$40.8M
Total Assets
ACOG
ACOG
DDC
DDC
Q4 25
$79.7M
$199.6M
Q3 25
$46.3M
Q2 25
$45.1M
$12.4M
Q1 25
$48.6M
Debt / Equity
ACOG
ACOG
DDC
DDC
Q4 25
0.01×
Q3 25
Q2 25
Q1 25

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ACOG
ACOG
DDC
DDC
Operating Cash FlowLast quarter
$-6.9M
$-39.7M
Free Cash FlowOCF − Capex
$-7.1M
$-39.7M
FCF MarginFCF / Revenue
-252.6%
-734.1%
Capex IntensityCapex / Revenue
5.3%
0.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-20.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ACOG
ACOG
DDC
DDC
Q4 25
$-6.9M
$-39.7M
Q3 25
$-5.3M
Q2 25
$-6.1M
Q1 25
$-2.0M
Free Cash Flow
ACOG
ACOG
DDC
DDC
Q4 25
$-7.1M
$-39.7M
Q3 25
$-5.4M
Q2 25
$-6.1M
Q1 25
$-2.1M
FCF Margin
ACOG
ACOG
DDC
DDC
Q4 25
-252.6%
-734.1%
Q3 25
-188.8%
Q2 25
-370.9%
Q1 25
-72.0%
Capex Intensity
ACOG
ACOG
DDC
DDC
Q4 25
5.3%
0.1%
Q3 25
2.6%
Q2 25
0.5%
Q1 25
2.2%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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